![aml week 2 day 1](https://fintedu.com/pluginfile.php/2581/course/summary/fintedu_aml%20week2%20day%201.jpg)
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Participants would learn about various aspects related to money laundering techniques and emerging trends in financial crime. Here's a summary of what one would learn:
Overview
Topic 1 - Money Muling : Understanding the role of money mules in facilitating money laundering operations, including the different types of mules (unknowing/unwitting, witting, complicit), how they are drawn into these activities, and the legal consequences they may face.
Topic 2 - Risk Factors and Warning Signs : Identifying who is at risk of being targeted as a money mule, including students, job seekers, and individuals on dating websites. Recognizing the signs of potential money mule recruitment such as work-from-home job offers, unsolicited messages promising easy money, and requests to open bank accounts for money transfers.
Topic 3 - Pig Butchering Scam : Learning about the pig butchering scam, a type of investment fraud involving cryptocurrency, and understanding its elements, such as emotional manipulation, fake investment opportunities, and sudden disappearance of scammers.
Topic 4 - Warning Signs of Pig Butchering Scams : Recognizing the warning signs of pig butchering scams, including receiving wrong number texts, sudden discussions about cryptocurrency, emotional manipulation tactics, and requests for investments with high returns.
Topic 5 - Decentralized Crypto-Asset Exchanges (DEX) : Understanding how criminals exploit DEX platforms for money laundering purposes due to their decentralized nature, lack of KYC requirements, and ability to conduct crypto-to-crypto transactions anonymously.
Topic 6 - Financial Abuse Typologies : Learning about financial abuse, including its definition, types (elderly, domestic, childhood), and how it can affect individuals' access to economic resources. Understanding the importance of identifying and reporting financial abuse, especially concerning vulnerable populations like the elderly.
Overall, the webinar provides insights into the evolving landscape of financial crimes, including money laundering techniques, scams, and methods used by criminals to exploit emerging technologies like cryptocurrencies and decentralized exchanges.
About the Trainers
![Chinmaya](https://fintedu.com/pluginfile.php/2581/course/summary/Screenshot%202024-04-29%20123216.png)
Chinmaya Meher
Chinmaya Meher leads Risk, Compliance & Operations at Standard Chartered Bank in Dubai, with 25+ years in banking. He's overseen client onboarding and due diligence, co-founded SAATHI Technology for cancer patient solutions, and holds a PGDBA and BCOM HONS, with certifications from Oxford and the National University of Singapore.